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Form 8-K · Current Report · Filed 2024-01-02

Carrier Completes Acquisition of Viessmann Climate Solutions

On January 2, 2024, Carrier Global Corporation completed the acquisition of Viessmann Climate Solutions SE, a leading provider of climate solutions, for EUR 10.2 billion in cash and 58,608,959 common shares.

Filer
Carrier Global Corporation CARR · NYSE
Filed
Accession
0001140361-24-000034
CIK
0001783180
Signal
High impactIndustrials

Details

As part of the deal, Maximilian Viessmann, CEO of Viessmann Group, was appointed to Carrier's Board of Directors. The acquisition is expected to enhance Carrier's position in intelligent climate and energy solutions.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

New Major Contract Strategic Partnership
Item 2.01

Completion of Acquisition or Disposition of Assets

M&A Transaction
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Exhibits (6)

About Carrier Global Corporation

Carrier Global Corporation is a leading provider of heating, ventilating, and air conditioning (HVAC), refrigeration, and fire and security solutions on a global scale. Its primary function revolves around creating a comfortable, safe, and sustainable environment by delivering high-technology HVAC and refrigeration solutions. Originating from the historic invention of the modern air conditioner in 1902, Carrier has continued to be at the forefront of HVAC innovation. The company’s offerings are vital across various sectors, impacting residential, commercial, industrial, and transportation markets by ensuring energy-efficient, reliable climate control systems. Carrier Global Corporation also emphasizes smart and hands-off security solutions, offering products that integrate advanced technologies to protect businesses and homes. In the financial market, Carrier holds a significant position as a part of the S&P 500 index, denoting its substantial market capitalization and influence. Through its continuous commitment to innovation and sustainability, Carrier Global Corporation remains a pivotal entity in addressing global environmental challenges and energy efficiency needs.

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